Brick Two-Family
For Sale
$1,080,000
305 127th Street, College Point, NY 11356
The two residences include a three-bedroom, two-bathroom layout and a separate two-bedroom, one-bathroom unit.
Property Size2,254 SF
Days on Market8
Property Features for 305 127th Street
General Information
Standard status
Active
Size
2,254 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$5,751
Building Details
Building Size
2,254 SF
Year Built
1980
Listing Agency:
P R O Links Realty Inc
Listed By:
Siang Liu
(718) 487-9992
Source:
Barbieliteam
Added: Sep 28
Changed: Oct 3
Last Checked: Oct 4 at 2:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of P R O Links Realty Inc
Investment Insights
Based on property information with market context.
This 1980-built, semi-attached brick duplex contains two residential units with approximately 2,254 SF of living space. The upper-level residence has three bedrooms and two full bathrooms. The other unit includes two bedrooms and one full bathroom, along with a family room that may be configured as a studio-style area. The property sits on a 26' x 100' lot in College Point, New York.
The condominium arrangement includes a common charge; no payment amounts are included here. The two distinct unit layouts provide a clear configuration for residential occupancy, with the family room offering an additional flexible area within the first unit.
The condominium arrangement includes a common charge; no payment amounts are included here. The two distinct unit layouts provide a clear configuration for residential occupancy, with the family room offering an additional flexible area within the first unit.
Key Highlights
- Approximately 2,254 SF of living space
- 26' x 100' lot
- Two units: one with 3 bedrooms and 2 full bathrooms; the other with 2 bedrooms and 1 full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$55,098
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.10%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,101,960
$1.1M
Cap Rate 7%
$787,114
$787.1K
Cap Rate 9%
$612,200
$612.2K
Market Conditions
NOI Build-Up for 2,254 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$104.1K $46.20/SF
− Vacancy
−$4.0K −$1.76/SF
EGI
$100.2K $44.44/SF
− OpEx
−$45.1K −$20.00/SF
NOI
$55.1K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,101,960
Cap Rate 7%
$787,114
Cap Rate 9%
$612,200
Alternative Uses
Best Use
Apartment 5plus
$787.1K
$688.7K – $918.3K
NOI $55,098 @ 7.0% cap · market cap 5.10%
Second Best
Multifamily LT 5
$533.0K
$466.3K – $621.8K
NOI $37,307 @ 7.0% cap · market cap 3.45%
Theoretical Best
Office A
$1.66M
$1.45M – $1.94M
NOI $116,317 @ 7.0% cap · market cap 10.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
944
Businesses Nearby
Explore this area
Business Placement
Demographics for 11356, NY
28,310
Population
9,003
Households
3.1
Avg Household Size
37
Median Age
25%
College-Educated
78%
High-School Grad
1.6 sq mi
ZIP Area
17,694
Density / Sq Mi
$91,445
Median Household Income
$40,928
Median Earnings
$2,160
Median Rent
$893,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - The two residences include a three-bedroom, two-bathroom layout and a separate two-bedroom, one-bathroom unit.
Where is this duplex located?
The property is located at 305 127th Street College Point, NY.
What is the asking price?
The asking price for this property is $1,080,000.
What are key features of this property?
This property features: Approximately 2,254 SF of living space; 26' x 100' lot; Two units: one with 3 bedrooms and 2 full bathrooms; the other with 2 bedrooms and 1 full bathroom
